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GSA, OMB Approve USDA as Shared Service Provider of CGI’s Financial Mgmt Software

financial reportingThe General Services Administration and the Office of Management and Budget have selected the Agriculture Department to serve as a shared services provider of CGI’s financial management platform.

OMB and GSA’s office of unified shared services management gave USDA’s financial management services division approval to offer CGI’s Momentum software to other government agencies after USDA passed a committee-based assessment process, GSA said Friday.

USDA’s selection comes days after the Department of Veterans Affairs picked the former to serve as VA’s federal shared services provider and replace the agency’s current financial management system.

GSA said the adoption of a shared services model seeks to help federal agencies perform their mission functions, build up cybersecurity and facilitate the decision-making process through data access.

CGI’s Momentum commercial off-the-shelf software is a certified financial shared services offering that works help federal agencies perform financial, budgeting and procurement functions.

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